Andrew Stone [Bitcoin Unlimited leading Dev] tokens/colored coins proposal: "With OP_GROUP, I'm trying to get 95% of the useful functionality of ethereum for .01% of the effort and maintenance" [quote from a post] by rdar1999 at reddit49 comments so far
The post leads to Medium.com -
Bitcoin Cash Scripting Applications: Representative Tokens
October 17, 2017
by Andrew Stone
Here's a brief excerpt:
...
But the ability to create representative tokens within the Bitcoin Cash blockchain, if done properly, could allow the tokens to take advantage of all of Bitcoin’s basic features (permissionless, trustless, no 3rd party, pseudo-anonymity, etc), all of the scripting features, and the nearly frictionless exchange of the representative token with Bitcoin Cash and other tokens.
...
The key justification for placing all representative money on the Bitcoin Cash blockchain (rather than each in its own blockchain) is atomic, trustless, permissionless, pseudo-anonymous exchange between any combination of bcc and representative token types. This feature enhances Bitcoin Cash from “an electronic payment system” (as worded in the Bitcoin white paper) into “an electronic exchange system”.
...
